PRESS RELEASE

Real estate consultant ACTIV Property Services assisted UNILEVER SOUTH CENTRAL EUROPE for the extension with 7 years of its current lease in Baneasa Business & Technology Park.

UNILEVER SOUTH CENTRAL EUROPE’s headquarters in Romania is located in Baneasa Business & Technology Park since 2008 and occupies approx. 2,500 sq m of A-class space.

The new extension confirms once more the prime advantages of Baneasa Business & Technology Park, its strategic location along the exit towards Henry Coanda International Airport and proximity with the largest retail area in Romania (Baneasa platform). The business park provides Unilever with direct access towards the production and logistics facilities they operate in Ploiesti area.

Bucharest’s office market witnessed a record activity in 2016, with the volume of take-up increasing by 56% year/year. There were registered major leases in excess of 390,000 sq m GLA, out of which 37% was new demand, 33% relocations and 30% renewals/renegotiations.

ABOUT UNILEVER

Unilever is one of the world’s leading suppliers of Food, Home and Personal Care products with sales in over 190 countries and reaching 2 billion consumers a day. It has 169,000 employees and generated sales of €53.3 billion in 2015. Over half (58%) of the company’s footprint is in developing and emerging markets. Unilever has more than 400 brands found in homes around the world, including Dove, Rexona, Knorr, Domestos, CIF, Hellmann’s, Lipton, Algida, Magnum.

ACTIV Property Services is one of the main real-estate consultants in Romania, providing real-estate services at national level from 1993. The company has the headquarters in Bucharest and two other regional offices in Timisoara and Cluj-Napoca.